Looks like Chimaera are into the ANZ for $1.5billion
http://business.theage.com.au/anzs-15-billion-loans-in-spotlight/20080415-26cw.html
Of course ANZ won't loose a cent. Just liquidate into a soft market, wipe out the innocent investors (who in this case were mainly clients of finaincial advisors) and grab the cash.
